NU Form 144: Option Exercise and Proposed Sale of 871,451 Shares on NYSE

Rhea-AI Filing Summary

Nu Holdings Ltd. (NU) notice reports a proposed sale of 871,451 common shares to be executed on 08/20/2025 through Morgan Stanley Smith Barney LLC on the NYSE, with an aggregate market value of $11,764,588.50. The shares were acquired on 08/18/2025 by a stock option exercise and paid in cash. The filing lists multiple prior insider sales by Youssef Lahrech during June–July 2025 totaling 857,007 shares for gross proceeds of $11,142,391.40. The filer attests there is no undisclosed material adverse information and signs under penalty of law.

Positive

• 871,451 shares proposed for sale are clearly documented with an aggregate market value of $11,764,588.50
• The shares were acquired via stock option exercise and payment was made in cash, simplifying transferability
• Sale will be executed through a named broker, Morgan Stanley Smith Barney LLC, on the NYSE

Negative

• The filer executed multiple sales in the past three months totaling 857,007 shares, which may indicate continued insider dispositions
• Gross proceeds from prior sales total $11,142,391.40, representing material insider liquidity activity in June–July 2025

Insights

Securities Analyst

TL;DR: Routine executive sale following option exercise; modest in absolute dollar terms versus issuer size, appears liquidity-driven.

The notice documents a planned sale of 871,451 common shares acquired by option exercise and paid in cash on 08/18/2025, with execution through Morgan Stanley on the NYSE on 08/20/2025. Recent aggregated insider sales of 857,007 shares produced gross proceeds of $11,142,391.40, indicating ongoing disposition activity. There is no disclosure in the filing of undisclosed material adverse information. From a securities perspective, the filing is procedural and consistent with liquidity events rather than corporate developments.

Corporate Governance Expert

TL;DR: Filing complies with Rule 144 reporting; signature attests no material nonpublic information.

The Form 144 supplies required details: issuer class, broker (Morgan Stanley Smith Barney LLC), sale date, and acquisition method (stock option exercise). The signer affirms under penalty of law that no material adverse information is undisclosed. The record of multiple sales in the prior three months is fully presented with dates, share counts, and gross proceeds, supporting transparency around insider dispositions. The document contains no claims about company operations or governance changes.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	871451	11764588.50	4818658640	08/20/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	08/18/2025	Stock Option Exercise	Issuer			871451	08/18/2025	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
YOUSSEF LAHRECH Campbells Corporate Services Limited Floor 4, Willow House, Cricket Square Grand Cayman E9 KY1-9010	COMMON	07/17/2025	100000	1399500.00
YOUSSEF LAHRECH Campbells Corporate Services Limited Floor 4, Willow House, Cricket Square Grand Cayman E9 KY1-9010	Common	07/17/2025	363242	5085388.00
YOUSSEF LAHRECH Campbells Corporate Services Limited Floor 4, Willow House, Cricket Square Grand Cayman E9 KY1-9010	Common	07/15/2025	121080	1634580.00
YOUSSEF LAHRECH Campbells Corporate Services Limited Floor 4, Willow House, Cricket Square Grand Cayman E9 KY1-9010	Common	07/01/2025	122685	1673423.40
YOUSSEF LAHRECH Campbells Corporate Services Limited Floor 4, Willow House, Cricket Square Grand Cayman E9 KY1-9010	Common	06/27/2025	150000	1349500.00

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What shares of Nu Holdings (NU) are proposed for sale?

The notice proposes sale of 871,451 common shares of Nu Holdings.

When and where will the NU shares be sold?

The sale is scheduled for 08/20/2025 through Morgan Stanley Smith Barney LLC on the NYSE.

How were the shares being sold acquired?

The shares were acquired by stock option exercise on 08/18/2025 and paid in cash.

Has the filer sold NU shares recently?

Yes. In June–July 2025 the filer sold 857,007 shares for gross proceeds of $11,142,391.40.

Does the filing disclose any undisclosed material information?

The filer represents by signature that they do not know of any material adverse information that is not publicly disclosed.